- The Blockchain provides a transparent database that allows things such as products and financial transactions to be tracked and logged.
- Because a normal database can be manipulated and changed.
in blockchain, you can only add information - Digital provenance is a great benefit because of the real-time auditing and verification process.
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- Blockchain allows to publically track and verify all transactions and data recorded. It is like an independent process ( or force:) that records data and prevents the possiblity to fiddle with it, therefore veryfying that the integrity of data has not been compromised.
- Even though there are many ways how companies /governments/ individuals can safeguard data, manage access to data, there are laws forbiding tampering with data and fines for any misconduct, it is in the nature of humans to always try and find a way to breach restrictions if they are interested or motivated to do so. Therefore regular databases can unfortunately be manipulated with, the risk is always there.
- For a company that is and wants to be transparent and show its track record digital provenance can actually work as a stamp of approval that there is nothing to hide. Also - if data records are publically available and verified/verifyable maybe it can save costs on third party service providers - such as auditors, regulators, certificators - as their services can become less necessary or completely obsolete in the long term.
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- How does blockchain enable digital provenance?
Blockchain enables digital provenance by storing the information in a public ledger that cannot be altered or modified.
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Why doesn’t a normal database bring the same provenance?
A normal database involves human trust while the blockchain is created using technology. As well the fact that it’s centralized is a big minus. -
Why is digital provenance such a great benefit to many businesses?
It eliminates middle man, transparency.
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Blockchain enables digital provenance through its decentralized nature. There is no central 3rd-party authority that interferes and no trust is required for any transaction to be executed.
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A normal database requires central authorities to be the middle man between transactions, which is not the case with the blockchain network of computers.
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Because it offers full transparency to the buyers of products for example on what the synthesis of the ingredients are in their orders, or to people when it comes to where their tax money goes in real-time (in the governmental use case of blockchain).
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- All transactions are writen on blockchain and can’t be removed or changed and it’s public
- Accounting is separate from transactions
- It could be audited in any moment
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How does blockchain enable digital provenance?
- By having the actual correct data stored on the blockchain which can be accessed by anyone at any time.
Why doesn’t a normal database bring the same provenance?
- Traditional Database can be lost/copied/ or mistakenly wrong information entered by an individual.
Why is digital provenance such a great benefit to many businesses?
- Firstly the business can save time and money, instead of hiring company to manually do their audit. Second client satisfaction, as now the consumer has an open data to check the accuracy and Legitimacy of the product/company.
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How does blockchain enable digital provenance?
The data in blockchain cannot be modified or tampered in any way, therefore it can be trusted. -
Why doesn’t a normal database bring the same provenance?
In general databases can be hacked. The data might get manipulated, some info may be missing or not valitated. -
Why is digital provenance such a great benefit to many businesses?
Businesses can add value to their customers by sharing the verified data from their products (origin, materials, supplychain in general). ps. vechain to the moon!
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1. How does blockchain enable digital provenance?
The blockchain can verify where the transaction came from all the way back to it origins
2. Why doesn’t a normal database bring the same provenance?
Because a normal database can be tempered with and does not have the same verification process of the blockchain
3. Why is digital provenance such a great benefit to many businesses?
Because businesses can do business with other businesses without knowing them, but they can trust the digital provenance cause of the block chain technology.
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How does blockchain enable digital provenance?
Provenance is all about the ability to track something.
Blockchain as a public ledger that allows for the transactions to be traced and audited at any time, by anyone and where someone can only add information to it, is the perfect platform to use provenance.Use cases:
Finantial transactions - Blockchain allows for real time auditing of each and every transaction a company does, since it puts accounting and transactional layers in the same platform.
Food manufacters - Blockchain allows for the final costumer to trace and track the entire supply chain of each ingredient for the food they are purchasing. -
Why doesn’t a normal database bring the same provenance?
The current databases are private and centralized on companies, governments, markets and so on, which means that they are segmented and easily manipulated by the entity that owns it.
One example is again food manufacters:
Right now up to 30% of them rely on the information given by their suppliers, without having the ability to verify that information. -
Why is digital provenance such a great benefit to many businesses?
It allows for the access of all the company procedures in one single place, which reduces costs, simplify processes, gives them more transparency and control over their final product.
Removes the trust variant that exists nowadays, since they will be able to verify each and every step of the product creation.
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- How does blockchain enable digital provenance?
- Blockchain enables digital provenance by storing and verifying information thats added through a decentralised network of computers.
- Why doesn’t a normal database bring the same provenance?
- A normal database cannot bring the same provenance, as you at any time could tamper and edit the preexisting information stored.
- Why is digital provenance such a great benefit to many buisnesses?
- Digital provenance is such a great benefit to many buisnesses because by removing the trust factor and introducing automatic verification there is no need for possible auditing, flawed monitoring or monitoring at all, potentially saving lots of time and risk.
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How does blockchain enable digital provenance?
A blockchain is a database where data can’t be compromised or manipulated. Every entry will stay in it. Every registered transaction of digital or real world objects entered into the database can be traced as long as the database exists. -
Why doesn’t a normal database bring the same provenance?
A conventional database is stored in a way that the person, institution or entity that controls it can modify it at will and also can delete or manipulate existing entries. -
Why is digital provenance such a great benefit to many businesses?
It enables trustless transactions. The user does not need to trust the entity controlling the database, he can verify by himself the authenticity of information.
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1 Provenance allows the ability to track and trace without questioning weather something is true or not, the blockchain is public so everyone can see it. The block chain is a public ledger, which is a decentralized database of recorded transactions in real time.
2.a normal database is centralized and can be tampered or manipulated.
3, You are able to see all transactions, everything is fair and visable.
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How does blockchain enable digita provenance?
Blockchain stores information in a permenent way, once data has been recorded, it cannot be changed. It enables digital provenance by its immutability.
Why doesn’t a normal database bring the same provenance?
A normal database is centralized and is susceptible to tampering.
Why is digital provenance such a great benefit to many businesses?
Digital provenance enables businesses to access, obtain and analyze data that they need.
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Q1. How does blockchain enable digital provenance?
A. Due to its public ledger design we can trace it footing back to its origin. With the public ledger design we don’t need to trust nobody but verify all its steps on the public ledger.
Q2. Why doesn’t a normal database bring the same provenance?
A. Current database are managed on centralized servers. With a centralized governance
body we are forced to trust. With blockchain it is on a open source decentralized network governed by the public and verified by the public, anybody can see what is going on at real time and its being recorded on the public ledger for any future verification needed.
Q3. Why is digital provenance such a great benefit to many business?
A. Businesses can used this public ledger to verify the authentic of a recording on the blockchain network with trusting nobody but blockchain. The blockchain is a bunch of witness to any event. Giving transparency and taking trust out.
Comment please, if i am off in anyway please help me understand.
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1 It saves data on a public ledger much like a viking runestone where you can only add, not remove data.
2 Data can be removed, manipulated and copied from a normal database.
3 It removes middlemen costs. Adds transparancy and removes need of trust.
Correct me if needed, please 
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By tracking the source of all transactions in a database.
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Because things can be removed or changed in a normal database.
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Because it a form of verification that creates transparancy
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- All information is recorded in blockchain which is decentralized and publicly available.
2.Database is centralized and an admin can modify the information
3.Verify that information (transactions, supply chain records) are correct
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- How does blockchain enable digital provenance? - through Real-Time Auditing, which means that every piece of information is public, eventually encrypted. Every step of the way, steps in the process are trackable.
- Why doesn’t a normal database bring the same provenance? - because not everyone has access to it. the blockchain belongs to everybody and nobody at the same time.
- Why is digital provenance such a great benefit to many businesses? - because it’s transparent, it’s based on facts-transactions registered in the blockchain, it’s a real-time process.
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How does blockchain enable digital provenance?
The blockchain is a “digital stone” where all transactions are being recorded and cannot be deleted or modified once the transaction is being accepted. Hence it’s very easy to verify e.g. if the product you are buying really has certain ingredients in it or is coming from a place where child labor has not been used. -
Why doesn’t a normal database bring the same provenance?
Since all transactions are immutable recorded and are also stored on many computers independently around the globe you don’t need to trust the data or the database. You can easily verify if the data is correct or not. Hence it’s a big difference to a normal database since there data can be deleted, added, altered etc. Again, DON’T TRUST - VERIFY:-) -
Why is digital provenance such a great benefit to many businesses?
Again DON’T TRUST - VERIFY. No need to check your supplier if he tells you the truth - just verify and see where the products are really coming from and if the supplier is really certified according to the standard you are imposing, e.g. in the Pharma Industry. Hence no need to trust - easily verifiable.
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Homework on Provenance - Answers
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Every part of the Supply Chain gets verified and documented through the computers of the blockchain network.
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Because not every part of the supply chain gets documented as well, and we often have to trust what the companies tell us. Don’t trust - verify
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Everything gets documented quicker. There is no place for human error because the blockchain does everything for us.
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